Javier, you're picking up on geopolitics. We've got the conflict uh in Ukraine continuing uh Russia under sanction as a result of that. Then off the coast of South America, you've got a blockade in in place.How do these stand to affect the price of oil here in in the months to come. >> Well, I mean, that is the big headline race that oil traders talk about. You could have your best modeling of the global economy, your best modeling of supply and demand, but you cannot really anticipate what uh President Tru ...

Just bring us the latest on the scale of the blockade and how much it's actually choking off oil. How much pressure is this putting on Maduro's government. Well, this is putting a lot more pressure than it was just before.So for those just catching up, the Trump administration had basically taken a sanctioned oil tanker a bit back earlier this month, and that was seen as their operation. The blockade would be four sanctioned oil tankers. Not all of Venezuela's oil is sent on sanction tankers.There are a num ...

Why is strong blockading Venezuela. What is the rationale. You know, I think you can look at this as as a play for regime change. I think, you know, he's been putting pressure on this regime.And one way to tighten that pressure even more would obviously be taking one of their biggest revenue revenue areas, and that's oil putting putting curbs on their oil exports. Already he's been tightening that through the seizure of a ship earlier this month, as well as just restrictions in general have helped to curb t ...

There are several key factors that are helping push oil prices down. You've got OPEC plus and its allies boosting production after years of making cuts. In the meantime, Trump is pushing for a possible peace deal between Russia and Ukraine.Now, as a result of this or any other thing, the energy ETF XLE on track for its fourth negative day in a row. That may not sound like much, but that is actually the longest losing streak in three months. Let's talk about that oil stocks and maybe even Venezuela and bring ...

The highest weekly crude shipments since its 2022 invasion of Ukraine aren't helping Russia. Ballooning volumes of undelivered oil on tankers are boosting a supply glut that's undermining prices and hitting the Kremlin's war chest, writes @JLeeEnergy https://t.co/lchsBU6X6M ...

Brazilian oil major Petrobras announced a 2% decrease in its next five-year investment plan to $109 billion in a move to shield its cash flow at a time of lower international oil prices https://t.co/WJxA1Lamt5 ...

Oil prices heading lower this morning as the US attempts to broker a peace deal between Russia and Ukraine. For more on the impact to oil markets, let's bring in Barclay's oil analyst, Amomar Singh. Omar, appreciate the time this morning.Good to see you. >> My pleasure. Thank you for having me.>> So, so whether it's individual reports today or just the prospect of these talks making progress in Geneva, to what degree is it really weighing on the commodity today. Well, we've seen this volatility caused by ge ...

Oil prices are more likely to rise than stagnate by the end of the decade, writes @JavierBlas #OOTT (via @opinion) https://t.co/dGtrXwxxmr ...

Russian oil exports extended their slide into a fifth week, with prices also dropping. Urals is now down by about a third since August. Together the slides have hit Moscow's oil earnings, writes @JLeeEnergy https://t.co/tiDWIwKmIL ...

Let's talk about some of these commitments. We've heard from the president, from the crown prince. Yesterday, I was in the Oval Office.The 600 billion quickly became 1 trillion just in a matter of 60 seconds. And when you look through some of the deals that they're talking about, you hear the words commitments, M. O.use. At what point do you think these deals will actually be inked, more solidified. Well, this is actually a relationship that is quite reciprocal.Both countries benefit from co-investing with ...